NYSE Arca · ETF
Invest in PRXG ETF from India
Indian and foreign residents can buy Praxis Impact Large Growth ETF (PRXG) units directly through Paasa.
By Paasa · Updated
PRXG at a glance
- Price
- $41.04+$0.35 (0.86%)
- Expense ratio
- 0.36%
- Day range
- $41.04 – $41.16
- Assets
- $91.7M
- Domicile
- the US
- Holdings
- 158
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- +2.45%
- 6 months
- +28.93%
- YTD
- +11.58%
- 1 year
- +14.93%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA Corp13.2%
- 2Apple Inc12.5%
- 3Microsoft Corp10.0%
- 4Alphabet Inc5.5%
- 5Meta Platforms Inc4.4%
- 6Broadcom Inc4.3%
- 7Amazon.com Inc4.2%
- 8Alphabet Inc3.7%
- 9Eli Lilly & Co2.7%
- 10Tesla Inc2.6%
PRXG holds 158 securities in total. These 10 are 63.1% of the fund.
Where the money is invested
Countries
- United States98.2%
- Other0.8%
- Singapore0.6%
- Ireland0.2%
- Canada0.2%
- Australia0.1%
How to invest in PRXG from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search PRXG and buy
Find the fund by its ticker, PRXG, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in PRXG from India
What PRXG holds
The fund invests primarily in U.S. equity securities and seeks to provide investment results that correspond to the performance of the U.S. large cap growth equities market, as measured by the CRSP US Large Cap Growth Index, its performance benchmark index. Under normal circumstances, the fund invests at least 80 percent its net assets, plus borrowings for investment purposes, in securities of large cap growth companies that are aligned with the Praxis Stewardship Investing core values.
Dividends reinvested for you
Dividends from PRXG's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
PRXG is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one PRXG unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy PRXG from India?
Yes. Indian residents can buy Praxis Impact Large Growth ETF (PRXG) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does PRXG invest in?
Praxis Impact Large Growth ETF holds 158 securities. Its largest holdings are NVIDIA Corp (13.2%), Apple Inc (12.5%) and Microsoft Corp (10.0%). It is an accumulating fund domiciled in the US.
What is the expense ratio of PRXG?
Praxis Impact Large Growth ETF has an expense ratio of 0.36% a year, taken from the fund's assets rather than billed to you. The fund manages about $91.7M.
Does PRXG pay dividends?
No. Praxis Impact Large Growth ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell PRXG?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one PRXG unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $41.04, and there is no minimum trade size.
What happens to my PRXG units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.